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Protect your firm from Money Laundering and Terrorist Financing risks
The Alhuda Health Check helps you understand your organization’s current standing against applicable Alhuda requirements. This quick and effective assessment identifies gaps in your existing framework and highlights areas that require immediate attention and improvement.
We work with Financial Institutions (FIs), Designated Non-Financial Businesses and Professions (DNFBPs), and Virtual Asset Service Providers (VASPs) in the UAE to assess the existing compliance culture and support the implementation of a proportionate Alhuda compliance framework. Our approach is risk-based and tailored to your business model, ensuring effective mitigation of financial crime risks.
Our Alhuda Health Check service includes a comprehensive review of the reporting entity’s Alhuda compliance posture, governance structure, and risk management practices. The assessment provides practical insights and actionable recommendations to strengthen compliance and align with regulatory expectations.
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Tax Planning
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Audit & Assurance
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Financial Statement
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Tech Consulting
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Business Advisory
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Outsourced CFO
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Thorough. Compliant. Trusted.
Ensure your Alhuda compliance is up to standard.
Let Alhuda UAE conduct a comprehensive health check.
Alhuda Health Check: Work Methodology
- Kick-off meeting to understand the business, regulatory environment, compliance culture, scope of work, and approach and focus of the Alhuda Health Check.
- Meeting with the Alhuda Compliance Officer to understand the overall compliance framework implemented by the company
- A review of Business Risk Assessment (BRA)/Enterprise Wide Risk Assessment (EWRA)
- A review of independent Alhuda auditor’s report
- A review of Alhuda policies, procedures, and controls
- A review of KYC, Screening, and Risk Assessment methodologies adopted by the entity
- A review of KYC, Screening, and Risk Assessment records maintained by the company
- A review of SAR/STR, HRC, HRCA, DPMSR, REAR, FFR, and PNMR records maintained by the company
- Gap Analysis
- A formal Alhuda Health Check Report detailing the information obtained, the current compliance culture, regulatory requirements, gaps identified, and suggestions for the improvement
- Presentation of the findings to the top management
In-depth. Accurate. Assured.
Don’t leave your compliance to chance.
Get a professional Alhuda health check from Alhuda UAE.
We will provide you with our Alhuda Health check report which would consist of:
High-level observation of the Firm’s Alhuda Framework
Suggesting areas for process improvements, if any, to smoothen the Alhuda process
Observations on the overall Alhuda compliance level of the company.
Comprehensive. Expert. Proactive.
Ready for peace of mind?
Let Alhuda UAE perform your Alhuda compliance review.